BHIMX

About BHIMX

Brigade High Income Fund Founders Class is an open-end mutual fund focused on generating current income and long-term capital growth. The fund primarily invests in high yield corporate bonds, targeting securities that are rated below investment grade, and also takes tactical positions in bank loans, convertible bonds, investment grade corporate debt, and structured credit instruments. Its investment strategy is built upon a bottom-up, fundamental research process that emphasizes balancing risk and reward while dynamically rotating the portfolio in response to changes in the credit cycle. Key selection criteria for portfolio holdings include substantial asset coverage, positive free cash flow generation, high market share, strong management teams, and the presence of catalysts that may unlock embedded value, such as asset sales or debt paydowns. The Founders Class is intended for larger institutional investors, with a substantial minimum investment and admission subject to approval by Brigade Capital Management. This fund plays a significant role within the credit markets by providing access to diverse and opportunistic high yield credit exposures, managed by a team with deep expertise in credit analysis and market dynamics.